Broad money growth in Congo, Democratic Republic of the
Congo, Democratic Republic of the: Broad money growth was 34.8% in 2021. ◆ Volatile
Broad money growth in Congo, Democratic Republic of the, 1964–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
Congo, Democratic Republic of the recorded 34.8% for broad money growth in 2021.
Compared with earlier readings it is down 23.7% on the previous year and up 61.9% over ten years.
Over the whole period, broad money growth in Congo, Democratic Republic of the peaked at 6,968.9% in 1994 and was at its lowest, -81.7%, in 1984.
That places Congo, Democratic Republic of the 15th out of 166 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 25.4% | 12.0% | 40.7% | 6 |
| 1970s | 28.9% | 5.0% | 59.2% | 10 |
| 1980s | 160.3% | -81.7% | 1,113.0% | 10 |
| 1990s | 2,759.7% | 195.4% | 6,968.9% | 6 |
| 2000s | 48.1% | 23.3% | 81.9% | 9 |
| 2010s | 24.7% | 9.4% | 41.9% | 10 |
| 2020s | 40.2% | 34.8% | 45.7% | 2 |
Countries ranked near Congo, Democratic Republic of the
More financial sector data for Congo, Democratic Republic of the
- Net domestic credit (current LCU), per capita 224,551 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 340.12 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 59.44 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 0 SDR (2023)
- Gold reserves at market value 0 SDR (2023)
- Reserves excluding gold, foreign exchange 3.15 billion SDR (2023)
- Reserves excluding gold 3.80 billion SDR (2023)
- Total reserves (gold at market value) 3.80 billion SDR (2023)
- Total reserves (gold at national valuation) 3.80 billion SDR (2023)
- Total reserves (gold at national valuation) (SDR), per capita 35.96 SDR per person (2023)
Frequently asked questions
- What is broad money growth in Congo, Democratic Republic of the?
- Broad money growth in Congo, Democratic Republic of the was 34.8% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Congo, Democratic Republic of the?
- The highest recorded value was 6,968.9% in 1994.
- What is the lowest broad money growth recorded in Congo, Democratic Republic of the?
- The lowest recorded value was -81.7% in 1984.
- How does Congo, Democratic Republic of the rank for broad money growth?
- Congo, Democratic Republic of the ranks 15th out of 166 countries with data for 2021.
- Is broad money growth rising or falling in Congo, Democratic Republic of the?
- Over the last ten years it is up 61.9%. The long-run trend across the full record is volatile.
- Where does this Congo, Democratic Republic of the data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.